After costs, if the gap returns to its 7d average, $10k−$128
spread now+0.010%7d average+0.087%fees + slippage, in and out−$120spread needed1.204%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CAKEUSDT | 2.6000 | 0.0100 | pay 0.0050% / 4h | 15m 52s | $5.5M | $4.3M | 50x |
| Short | Aster CAKEUSDT | 2.6003 | 0.0100 | get 0.0050% / 4h | 15m 52s | $2.5M | $127K | 10x |
Bybit CAKEUSDT
Aster CAKEUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $1
- Funding while held
- $0
- Slippage, 4 orders
- −$101.41
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$119.41
- Spread needed to break even
- 1.204%
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 3 min ago | 3.86 bp | 29.7 bp −$30 | 77.9 bp −$779 | doesn't fit | doesn't fit |
| Sell Aster live order book, 4 min ago | 5.97 bp | 26.2 bp −$26 | 1652.8 bp −$16.5K | doesn't fit | doesn't fit |
CAKE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapestVariational Omni2.5833+0.909%BloFin2.5922+1.258%ApeX Omni2.5965+1.426%Gate2.5972+1.453%Orderly2.5979+1.480%KuCoin2.5981+1.488%GMX2.5984+1.500%
Injective
Variational Omni
BloFin
ApeX Omni
Gate
Orderly
KuCoin
GMXBybit2.6000+1.563%
Aster2.6003+1.573%
Bitget2.6018+1.633%Hyperliquid2.6025+1.660%MEXC2.6034+1.695%Binance2.6049+1.753%BingX2.6052+1.766%Kraken Futures2.6067+1.825%
Bitget
Hyperliquid
MEXC
Binance
BingX
Kraken FuturesCAKE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective CAKE/USDC PERP | −1.538% | +0.0033% | 1h | $114 | $50 | 5.5x | as long as short |
| Variational Omni CAKE | −0.643% | +0.0100% | 4h | $482K | $424K | — | as long as short |
| BloFin CAKE-USDT | −0.300% | +0.0145% | 4h | $1.0M | $417K | 75x | as long as short |
| ApeX Omni CAKEUSDT | −0.135% | +0.0100% | 1h | $16K | $695K | 50x | as long as short |
| Gate CAKE_USDT | −0.108% | +0.0100% | 4h | $880K | $1.1M | 75x | as long as short |
| Orderly PERP_CAKE_USDC | −0.081% | +0.0061% | 4h | $17K | $2K | 10x | as long as short |
| KuCoin CAKEUSDTM | −0.073% | +0.0100% | 4h | $2.5M | $6.1M | 50x | as long as short |
| GMX CAKE/USD [WBTC.b-USDC] | −0.062% | L +0.0427% / S −0.0272% | 1h | $39K | — | 100x | as long as short |
| Bybit CAKEUSDTlong | 0.000% | +0.0100% | 4h | $5.5M | $4.3M | 50x | |
| Aster CAKEUSDTshort | +0.010% | +0.0100% | 4h | $2.5M | $127K | 10x |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget CAKEUSDT | +0.069% | +0.0100% | 4h | $2.9M | $2.9M | 75x | as long as short |
| Hyperliquid CAKE | +0.096% | +0.0100% | 1h | $3.0M | $4.2M | 3x | as long as short |
| MEXC CAKE_USDT | +0.131% | +0.0100% | 4h | $13.3M | $2.6M | 125x | as long as short |
| Binance CAKEUSDT | +0.187% | +0.0100% | 4h | $18.6M | $40.4M | 75x | as long as short |
| BingX CAKE-USDT | +0.200% | +0.0100% | 4h | — | $3.2M | — | as long as short |
| Kraken Futures PF_CAKEUSD | +0.259% | −0.0125% | 1h | $59K | $54K | 10x | as long as short |